OECD held a working meeting in Ashgabat

OECD held a working meeting in Ashgabat

On Thursday, October 3, in Ashgabat within the limits of the program «Central Asia Invest» a meeting of representatives of the Organization for Economic Cooperation and Development (OECD) took place with employees of the Ministry of Finance and Economy, Ministry of Trade and Foreign Economic Relations, Ministry of Justice and other departments of Turkmenistan.

Within the framework of an introduction event delegates of OECD acquainted present with the technique of work and the first results received in a number of directions, including standard-legal base of investment activity and improvement of conditions for business development.

The working meeting began with the speech of Deputy Director of Economics Department of OECD Alain de Serres. He made a report on principles of regulation of the commodity market which allows responsible political structures to reveal the obstacles of political-economic character which causes the growth of competition.

William Thompson, head of the Eurasia division of the Organization for Economic Cooperation and Development (OECD) in conversation with the correspondent of ORIENT noted that today’s action is the first joint project of Turkmenistan and OECD.

– We see here potential which is necessary for realising. And the next years our goal is to develop necessary reforms to train businessmen and to give them the helpful information for correct structurization of the purposes.

The project developed by the Organization for Economic Cooperation and Development is designated for 2019-2021. In 2020 it is planned to hold one more meeting of representatives of OECD and Turkmenistan concerning strengthening and potential development in the chosen priority areas. Definitive conclusions will be considered and be discussed results of the works and also recommendations for the country’s government will be made in it.

During the present seminar its participants analysed the existing legal environment for business in Turkmenistan, defined priority tasks of reforms, including those in the sphere of taxation, registration procedures and so forth.

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The Organization for Economic Cooperation and Development is an international organisation for economically developed countries which recognize principles of representative democracy and free market economy. It is also known as «Club of developed countries». Now the activity of OECD has a global character and covers a wide range of economic and social problems – from macroeconomic and trade to education, preservation of the environment, science and innovations.

Maysa Ovezmuhammedova